Common use of Vote Generally Required Clause in Contracts

Vote Generally Required. Except as provided in Sections 2.3 and 2.4 and subject to the provisions of Section 10.2, the Company shall not (a) merge or consolidate with or into any limited liability company, corporation, statutory trust, business trust or association, real estate investment trust, common-law trust or any other unincorporated business, including a partnership, or (b) sell, lease or exchange all or substantially all of its Property and assets, unless the Board of Directors shall adopt a resolution, by the affirmative vote of at least a majority of the Entire Board of Directors, approving such action and unless such action shall be approved by the affirmative vote of the holders of a majority of each class of LLC Interests, in each case, Outstanding and entitled to vote thereon. The notice of the meeting at which such resolution is to be considered will so state.

Vote Generally Required. Except as provided in Sections 2.3 9.2 and 2.4 9.3 and subject to the provisions of Section 10.27.2 hereof, the Company Trust shall not (a) merge or consolidate with or into any limited liability company, corporation, statutory trust, business trust or association, real estate investment trust, common-law trust trust, or any other unincorporated business, including a partnership, or (b) sell, lease or exchange all or substantially all of its Property and assetsthe Trust Property, unless the Sponsor, acting through the Board of Directors shall adopt Directors, adopts a resolution, by the affirmative vote of at least a majority of the Entire Sponsor’s Board of Directors, approving such action and unless such action shall be approved by the affirmative vote of the holders of a majority of each class of LLC Interests, in each case, the then Outstanding Shares outstanding and entitled to vote thereon. The notice of the meeting at which such resolution is to be considered will shall so state.

Vote Generally Required. Except as provided in Sections 2.3 9.2 and 2.4 9.3 and subject to the provisions of Section 10.27.2 hereof, the Company Trust shall not (a) merge or consolidate with or into any limited liability company, corporation, statutory trust, business trust or association, real estate investment trust, common-law trust trust, or any other unincorporated business, including a partnership, or (b) sell, lease or exchange all or substantially all of its Property and assetsthe Trust Property, unless the Sponsor, acting through the Board of Directors shall adopt Directors, adopts a resolution, by the affirmative vote of at least a majority of the Entire Sponsor’s Board of Directors, approving such action and unless such action shall be approved by the affirmative vote of the holders of a majority of each class of LLC Interests, in each case, the then Outstanding and entitled to vote thereonVoting Shares. The notice of the meeting at which such resolution is to be considered will shall so state.

Vote Generally Required. (a) Except as provided in Sections 2.3 9.2 and 2.4 9.3 and subject to the provisions of Section 10.27.2 hereof, the Company Trust shall not (a) merge or consolidate with or into any limited liability company, corporation, statutory trust, business trust or association, real estate investment trust, common-law trust trust, or any other unincorporated business, including a partnership, or (b) sell, lease or exchange all or substantially all of its Property and assetsthe Trust Property, unless the Sponsor, acting through the Board of Directors shall adopt Directors, adopts a resolution, by the affirmative vote of at least a majority of the Entire Sponsor’s Board of Directors, approving such action and unless such action shall be approved by the affirmative vote of the holders of a majority of each class of LLC Interests, in each case, the then Outstanding and entitled to vote thereonVoting Shares. The notice of the meeting at which such resolution is to be considered will shall so state.